SBAYO SERVICES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SBAYO SERVICES
Largest movements
- Stocks and contracts -€19,298
down €19,298 (-32.9%), from €58,658 to €39,360
- Receivables within one year -€9,769
down €9,769 (-85.6%), from €11,410 to €1,641
of which Trade receivables: -€11,410
- Tangible fixed assets +€8,000
new in 2025: €8,000
- Cash +€1,381
up €1,381 (+22.6%), from €6,115 to €7,496
mainly Stocks and contracts (+€19,298) and Receivables within one year (+€9,769)
- Other debts -€23,929
down €23,929 (-48.9%), from €48,952 to €25,023
- Trade debts +€7,230
up €7,230 (+241.5%), from €2,993 to €10,223
- Tax, wage and social debts -€3,100
down €3,100 (-45.9%), from €6,756 to €3,656
of which Remuneration and social security: -€6,500
- Depreciation -€1,239
down €1,239 (-38.3%), from €3,239 to €2,000
- Gross operating margin -€1,078
down €1,078 (-20.8%), from €5,187 to €4,109
- Other operating charges +€429
up €429 (+31.5%), from €1,364 to €1,794
- Taxes -€71
down €71 (-45.7%), from €154 to €84
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,183 | €56,497 | -€19,686 | -25.8% |
| Fixed assets | 21/28 | - | €8,000 | +€8,000 | |
| Tangible fixed assets | 22/27 | - | €8,000 | +€8,000 | |
| Furniture and vehicles | 24 | - | €8,000 | +€8,000 | |
| Current assets | 29/58 | €76,183 | €48,497 | -€27,686 | -36.3% |
| Stocks and contracts in progress | 3 | €58,658 | €39,360 | -€19,298 | -32.9% |
| Stocks | 30/36 | €58,658 | €39,360 | -€19,298 | -32.9% |
| Amounts receivable within one year | 40/41 | €11,410 | €1,641 | -€9,769 | -85.6% |
| Trade receivables | 40 | €11,410 | €0 | -€11,410 | -100.0% |
| Other amounts receivable | 41 | - | €1,641 | +€1,641 | |
| Cash at bank and in hand | 54/58 | €6,115 | €7,496 | +€1,381 | +22.6% |
| Total equity and liabilities | 10/49 | €76,183 | €56,497 | -€19,686 | -25.8% |
| Equity | 10/15 | €17,482 | €17,595 | +€113 | +0.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,482 | €2,595 | +€113 | +4.5% |
| Amounts payable | 17/49 | €58,701 | €38,902 | -€19,799 | -33.7% |
| Amounts payable within one year | 42/48 | €58,701 | €38,902 | -€19,799 | -33.7% |
| Trade debts | 44 | €2,993 | €10,223 | +€7,230 | +241.5% |
| Suppliers | 440/4 | €2,993 | €10,223 | +€7,230 | +241.5% |
| Taxes, remuneration and social security | 45 | €6,756 | €3,656 | -€3,100 | -45.9% |
| Taxes | 450/3 | €256 | €3,656 | +€3,400 | +1326.1% |
| Remuneration and social security | 454/9 | €6,500 | €0 | -€6,500 | -100.0% |
| Other amounts payable | 47/48 | €48,952 | €25,023 | -€23,929 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,239 | €2,000 | -€1,239 | -38.3% |
| Other operating charges | 640/8 | €1,364 | €1,794 | +€429 | +31.5% |
| Gross operating margin | 9900 | €5,187 | €4,109 | -€1,078 | -20.8% |
| Operating profit (loss) | 9901 | €584 | €316 | -€268 | -46.0% |
| Financial income | 75/76B | €9 | €1 | -€8 | -90.9% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -90.9% |
| Financial charges | 65/66B | €115 | €120 | +€5 | +4.4% |
| Recurring financial charges | 65 | €115 | €120 | +€5 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €478 | €197 | -€281 | -58.9% |
| Income taxes | 67/77 | €154 | €84 | -€71 | -45.7% |
| Profit (loss) for the period | 9904 | €324 | €113 | -€211 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €324 | €113 | -€211 | -65.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.